| Ticker: | PRUTX |
| Manager: | Shaun Hong |
| Manager Since: | 09/00 |
| NAV (05/17/2013): | 13.89 |
| Objective: | Equity - Sector Utilities |
| Peer: | UT MV |
| Net Assets ($mil): | 80.00 |
| Inception: | 08/10/1981 |
PRUTX : Description
Incepted in August 1981, the fund is managed by Prudential Investments. The main objective of the fund is to seek total return through capital appreciation and current income. The fund normally invests at least 80% of the fund's investable assets in equity-related and investment-grade debt securities of utility companies. These include electric, gas, gas pipeline, telephone, telecommunications, water, cable, airport, seaport and toll road companies. Some of these securities are issued by foreign companies. The fund may also invest more than 5% of the fund's assets in any one issuer. Dividends are declared quarterly. Capital gains, if any, are paid annually.
PRUTX : Composition - 05/13
| Stocks | 98.28% |
| Foreign Stocks | 8.56% |
| Cash | 8.88% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | -7.16% |
| Foreign Hedged | 0.00% |
PRUTX : Style Analysis - 05/13
| Large Growth | 30.53% |
| Large Value | 34.51% |
| Small Growth | 0.00% |
| Small Value | 8.93% |
| Foreign Stock | 30.53% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
PRUTX : Risk Analysis
| Beta v. S&P 500 | 0.61 |
| Beta v. EAFE | 0.13 |
| Beta v. Barclays Agg Bond | 0.74 |
| Alpha 3 Yr | 6.16 |
| Alpha 5 Yr | -1.83 |
| R-Sq 3 Yr | 0.77 |
| R-Sq 5 Yr | 0.70 |
| Std Dev 3 Yr | 12.13 |
| Std Dev 5 Yr | 19.06 |
| Sharpe 3 Yr | 1.35 |
| Sharpe 5 Yr | 0.20 |
PRUTX : Fees
| Expense Ratio | 1.57 |
| % Max Load | NA |
| % Min Load | 0.00 |
| % Deferred Load | 5.00 |
| % Redemption | NA |
| % Max 12 B1 Fee | 1.00 |
| % Max Mgt Fee | 0.44 |
PRUTX : Purchase Choices:
| Min Initial Investment | 2500 |
| Min Subsequent Investment | 100 |
PRUTX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 9.05 | 11.67 | 14.10 | 14.12 | 14.12 | 7.35 | 9.16 | 10.24 | 10.79 | 11.91 | 13.89 |
| Total Return (%) | 30.19 | 30.13 | 29.37 | 26.12 | 19.96 | -47.41 | 26.72 | 13.72 | 7.18 | 12.47 | 16.97 |
| Annual Dividend Yield (%) | 1.16 | 0.75 | 0.98 | 1.31 | 1.09 | 1.27 | 1.33 | 1.50 | 1.56 | 1.72 | 1.46 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 15.06 | 192.61 | 244.87 | 103.24 | 144.68 | -104.06 | 3.01 | -13.35 | 50.86 | -35.18 | 42.29 |
| Rel Performance-Obj.Ret.(%) | 102.96 | 76.23 | 169.04 | 18.77 | 45.09 | -95.92 | 46.34 | 28.44 | 21.08 | 8.61 | 23.79 |
| Ret.Quintile vs Obj(1 is best) | 2 | 1 | 1 | 2 | 2 | 5 | 2 | 2 | 3 | 3 | 2 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 295 | 308 | 309 | 340 | 363 | 130 | 110 | 103 | 0 | 80 | 80 |
| Annual Turnover (%) | 35.00 | 30.00 | 40.00 | 56.00 | 50.00 | 38.00 | 46.00 | 53.00 | 51.00 | 37.00 | 0.00 |
| Annual Dividend Paid ($) | 0.11 | 0.09 | 0.15 | 0.24 | 0.19 | 0.09 | 0.12 | 0.16 | 0.17 | 0.21 | 0.02 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.86 | 3.35 | 2.61 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PRUTX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 3.88% | 11.71% | 16.75% | 16.97% | 22.14% | 15.69% | 2.10% | 12.98% | 7.53% | 9.34% |
| Ret. Percentile vs. Obj. (1 is best) | 68 | 27 | 16 | 27 | 38 | 37 | 85 | 22 | 32 | 27 |
PRUTX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 16.89 |
| Average Price/Book | 2.49 |
| Average EPS Growth | 2.98 |
| Average Market Value | 16,392.00 |
PRUTX : Stock Sector Breakout - 05/13
PRUTX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| WILLIAMS COMPANIES INC | 4.09 | 3,412,789 |
| ONEOK INC | 3.57 | 2,180,570 |
| TARGA RESOURCES CORPORATION | 3.16 | 1,727,403 |
| CALPINE CORP W I | 2.95 | 4,683,235 |
| KINDER MORGAN INC | 2.52 | 2,040,732 |
| COMCAST CORP CL A | 2.76 | 2,036,320 |
| ITC HOLDINGS CORP | 2.75 | 958,883 |
| OGE ENERGY CORP | 2.60 | 1,248,898 |
| CHENIERE ENERGY INC | 2.84 | 4,629,032 |